# PPP loan: RELIABLE CONTROLS CORPORATION
> **$629K** approved 04/15/2020 · Paid in Full · Loan `2174507208`
## Borrower
- **Name:** RELIABLE CONTROLS CORPORATION
- **Address:** 999 E. Murray Holladay Rd STE 109, SALT LAKE CITY, UT, 84117
- **NAICS:** 541330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $629K
- **Initial approval:** $629K
- **Forgiven:** $637K (101%)
- **Forgiveness date:** 07/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $576K
- **Mortgage interest:** $4K
- **Utilities:** $10K
- **Health care:** $40K
- **Jobs reported:** 29
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*